Biggish Blue has teamed up with a Swiss engineering company in a cunning plan to ramp up its presence in digital technology and the internet of things.
In a joint statement, ABB said it would combine its digital offering, which gathers information from machinery, with IBM’s expertise in artificial intelligence featured in its Watson data analytics software. The two companies will jointly develop and sell new products.
ABB Chief Executive Ulrich Spiesshofer said in a statement that the glorious alliance was a powerful combination which marks the next level of industrial technology, moving beyond current connected systems that simply gather data, to industrial operations and machines that use data to sense, analyse, optimise and take actions that drive greater uptime, speed and yield for industrial customers.
Instead of manual machinery inspections, ABB and IBM intend to use Watson’s artificial intelligence to help find defects via real-time images collected by an ABB system, and then analysed using IBM Watson.
ABB has identified digital technology as a growth driver. It now gets around 55 percent of sales from digitally enabled products.
It has previously signed a deal with Microsoft to roll out digital products for customers in the robotics, marine and ports, electric vehicles and renewable energy sectors.
The CTO of Textio claims that AI is already disrupting life and no one has noticed.
Jensen Harris said that voice-activated assistants are “just one small part of what AI is about – and not the part that will matter the most for the enterprise companies that actually buy almost $4 trillion in software and services each year”.
Harris said that the “the less-flashy flavour” of AI that is changing the nature of work itself.
Headless AI which is the application of artificial intelligence to vastly improve internal business processes is transforming the crucial machinery of business.
“Processes like hiring, lead generation, financial modelling, and information security. Legacy software has become a commodity in these areas, and purpose-built AI solutions will get a larger and larger wallet share of these huge enterprise cost centres,” Harris said.
Combining machine intelligence with learning loops, these constantly-evolving algorithms are “where the money is.”
Headless AI “doesn’t try to replace people; it gives them superpowers” — for example, predicting the future.
Harris said Headless AI is delivering radical productivity leaps that they haven’t seen from software in decades.
In the near future, AI will have transformed every core business function — hiring, sales, security, marketing, finance, manufacturing.
“Legacy software will get squeezed down into a smaller portion of the IT wallet as the most valuable services become the native AI platforms — just as form-based desktop software got squeezed out by the cloud in the last generation… the real enterprise revolution is happening in the companies that are using headless AI to transform their core businesses.”
The bloke who created the world-wide web, Sir Tim Berners-Lee, said he is worried that artificial intelligence (AI) could become the new ‘masters of the universe’ by creating and running their own companies.
Speaking at the Innovate Finance Global Summit today, Berners-Lee envisioned a world where AI systems start to develop decision-making capabilities and the impact this will have on the fairness of our economic systems.
He said that AI could decide which companies to acquire: “So when AI starts to make decisions such as who gets a mortgage, that’s a big one. Or which companies to acquire and when AI starts creating its own companies, creating holding companies, generating new versions of itself to run these companies.
“It becomes difficult to understand how to ensure they are being fair, and how do you describe fairness to a computer anyway.”
The scenario does threaten to wipe out an entire industry and raises some fundamental questions about how fair a financial system without any human involvement can be.
Berners-Lee also slammed the Trump administration’s rollback of net neutrality protections.
He recently published a letter on the 28th anniversary of the world wide web, detailing what he views as the three main challenges for the web: loss of control over personal data, the spread of misinformation across the web and the need for transparency with online political advertising.
Chipzilla has put its artificial intelligence efforts into a single business group led by former CEO of Nervana, Naveen Rao.
For those who came in late, Intel bought Nervana in the firm belief that the next big thing will be AI powered IT innovation and machine learning.
Writing in his bog, Rao outlined how the Artificial Intelligence Products Group will work across multiple units. Part of the group’s remit will be to bring AI costs down and forge standards. Rao said the group will combine engineering, labs, software, and hardware from its portfolio.
Intel is building an AI lab and a centralised organisation, reporting directly to CEO Brian Krzanich, to make it all work.
This is classic organisational strategy, accelerating delivery by creating a cross-product group directly reporting to the CEO.
Samsung has confirmed that it is Bixby digital assistant will be part of the Galaxy S8 that’ll be unveiled later this month.
The S8 will have a dedicated Bixby button on its side to make it easier to access the assistant.
It will have three key features to sort itself out from the herd. The first is that a Bixby-enabled app will allow the assistant to perform every task that the app normally supports using touch.
It will also have context awareness, which means that when Bixby is activated, it’ll can understand the current context and the state of the app that you’re in without interrupting the work that you’re doing.
Samsung says that Bixby is smart enough to understand commands with incomplete commands, meaning that you do not have to remember the exact phrase that you have to say to perform a task with an assistant. Bixby will ask you for more information when performing a task and then execute it.
Several apps on the Galaxy S8 will be Bixby-enabled at launch, and Samsung plans to add more over time. The company will release an SDK so that third-party app developers can add Bixby support.
Samsung said that the assistant will first appear on Samsung smartphones and then expand to all Samsung appliances.
“Since Bixby will be implemented in the cloud, if a device has an internet connection and simple circuitry to receive voice inputs, it can connect with Bixby,” the company said.
Online book seller Amazon.com has launched a new programme to help students build capabilities into its voice controlled assistant Alexa.
The e-commerce company said it is paying for a year long doctoral fellowship at four universities.
Working with professors, the Alexa Fund Fellows will help students tackle complex technology problems in class on Alexa, like how to convert text to speech or process conversation.
Amazon and Google is locked in a race to develop and make cash from artificial intelligence. Amazon has made it easy for third party developers to create skills for Alexa so it can get better faster – a tactic it now is extending to the classroom.
The other idea is that Amazon might be able to recruit sought after engineers whose studies will make them more familiar with Alexa than with other voice controlled assistants.
Schools signed up for the programme include Carnegie Mellon, Johns Hopkins, the University of Southern California and Canada’s University of Waterloo.
Doug Booms, vice president of worldwide corporate development at Amazon, said that the fellowship’s goal is to excite the next generation of scholars about natural language understanding and other voice technologies, not to produce research for Amazon.
Students’ projects will remain their own intellectual property.
For example at the University of Waterloo, students are improving Alexa’s interaction with air conditioners so it understands requests to cool a room to its normal temperature, without requiring the user to specify a number in Celsius.
The UK plans to introduce new insurance rules to ensure victims of accidents involving self-driving cars are compensated quickly.
The move will remove a major obstacle for the nascent industry. Self-driving car introduction has been hampered by legal hurdles in several countries as insurers and legislators try to establish who would ultimately be responsible in the event of an accident.
Transport Minister Chris Grayling said the public needed to be protected in the event of an incident and the framework to allow insurance for these new technologies will be out this week.
A single insurance product will be available to cover a driver when a vehicle is being used conventionally, as well as when the car is being used in autopilot mode, the transport ministry said in a statement.
The Blighty government wants to encourage the development and testing of autonomous driving technology to build an industry to serve a market it reckons could be worth about $1.1 trillion worldwide by 2025.
Japanese carmaker Nissan is due to test autonomous cars in London later this month after initial tests on public roads in the southern English town of Milton Keynes late last year.
The UK will also set out plans to improve infrastructure such as charging points for electric vehicles, the fastest growing sector for new car sales in the country and key to meeting environmental targets.
A US jury in Texas ordered Oculus, and other defendants to pay a combined $500 million to ZeniMax Media, a video game publisher that claims Oculus stole its technology.
The jury thought that in 2014, Oculus used ZeniMax’s computer code to launch the Rift virtual-reality headset. ZeniMax alleges that video game designer John Carmack developed core parts of the Rift’s technology while working at a ZeniMax subsidiary. Oculus hired Carmack in 2013.
ZeniMax Chief Executive Robert Altman hailed the verdict and said in a statement the company was considering seeking an order blocking Oculus and Facebook from using its code. It is unclear what impact that would have on the Rift’s market availability.
However, the jury ruled that none of the defendants misappropriated ZeniMax’s trade secrets, but it did think that Oculus’ use of computer code directly infringed on ZeniMax’s copyright. The jurors held Carmack and different Oculus co-founders Palmer Luckey and Brendan Iribe liable for forms of infringement.
The jury also found Oculus liable for breaching a non-disclosure agreement Luckey signed with ZeniMax in 2012, when he began corresponding about virtual reality with Carmack.
Carmack worked for id Software before that company was acquired by ZeniMax. He is now the chief technology officer at Oculus.
Facebook Chief Executive Mark Zuckerberg testified last month during the three-week trial that none of ZeniMax’s proprietary code was incorporated into the Rift.
In a statement, Oculus spokeswoman Emily Bauer noted the jury’s finding on trade secrets theft and said the company would appeal. “We’re obviously disappointed by a few other aspects of today’s verdict, but we are undeterred,” she said. “Oculus products are built with Oculus technology.”
Two millionaires have each committed $10 million to save the world from the troubles of AI.
Reid Hoffman, the founder of LinkedIn, and eBay founder Pierre Omidyar’s non-profit are spending a fortune funding academic research and development aimed at keeping artificial intelligence systems ethical.
The fund received an additional $5 million from the Knight Foundation and two other $1 million donations from the William and Flora Hewlett Foundation and Jim Pallotta, founder of the Raptor Group. The $27 million reserve is being anchored by MIT’s Media Lab and Harvard’s Berkman Klein Center for Internet and Society.
While the project acknowledges that AI has its uses they are worried that things can go wrong. The most critical challenge is making sure that machines are not trained to perpetuate and amplify the same human biases that plague society.
The money will pay for research to investigate how socially responsible artificially intelligent systems can be designed to, say, keep computer programs that are used to make decisions in fields like education, transportation and criminal justice accountable and fair.
The group wants to talk with the public about and foster understanding of the complexities of artificial intelligence. The two universities will form a governing body along with Hoffman and the Omidyar Network to distribute the funds.
Wharton School of Business at the University of Pennsylvania has warned that all the developed nations on earth will see job loss rates of up to 47 per cent within the next 25 years.
The statistic is based on a recent Oxford University study and includes blue and white collar jobs. So far, the loss has been restricted to the blue collar variety, particularly in manufacturing so no one has cared that much as this has been happening since the 1960s.
The new trend is not creating new jobs either. By 2034, just a few decades, mid-level jobs will be by and large obsolete.
So far the benefits have only gone to the ultra-wealthy, the top 1 per cent. This coming technological revolution is set to wipe out what looks to be the entire middle class.
Accountants, doctors, lawyers, teachers, bureaucrats, and financial analysts beware: your jobs are not safe. Soon computers will analyze and compare reams of data to make financial decisions or medical ones. There will be less of a chance of fraud or misdiagnosis, and the process will be more efficient. Not only are these folks in trouble, such a trend is likely to freeze salaries for those who remain employed, while income gaps only increase in size.
Unfortunately the report suggests that it is too late to turn Luddite and break up the machines. Governments will need to sort out some form of retraining, although it is not clear what the nasty fleshy pink lumps can do that robots can’t.